Is Root Inc. (ROOT) the Best Performing NASDAQ Stock So Far in 2025?

On March 29, T. Rowe Price portfolio manager Tony Wang appeared connected CNBC’s ‘Closing Bell Overtime’ to sermon the existent volatility successful the tech sector, particularly the NASDAQ. The NASDAQ underperformed passim March and registered the largest diminution since June 2022. But the question that present arises is whether this diminution and volatility contiguous a buying accidental oregon not. Wang leans towards little caution and much assurance successful this imaginable bull market. To enactment his sentiment, helium cited that maturation and momentum person some been precocious successful caller years. Tech stocks successful peculiar person seen important maturation successful the past 2 year. He thinks that valuations could further improve, fixed that the assemblage caller beardown years came from AI infrastructure physique out.

Wang besides acknowledged that companies are people questioning whether existent spending levels successful the assemblage are sustainable oregon not. But helium reiterated that compute volition clasp its value, contempt concerns astir whether it has a cyclical presumption oregon not. He besides noted that heavy tech could perchance little inferencing costs and grow marketplace entree for companies that participate with constricted capital. Like immoderate different sector, outgo simplification is an perfect semipermanent result for the tech manufacture arsenic well.

We utilized the Finviz banal screener to compile a database of each the best-performing NASDAQ stocks. We past picked the 11 NASDAQ stocks with the highest year-to-date gains, arsenic of March 31. The stocks are ranked successful ascending bid of their year-to-date performance. We person besides added the hedge money sentiment for each banal which was sourced from Insider Monkey’s database.

Why are we funny successful the stocks that hedge funds heap into? The crushed is simple: our probe has shown that we tin outperform the marketplace by imitating the apical banal picks of the champion hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks each 4th and has returned 373.4% since May 2014, beating its benchmark by 218 percent points (see much details here).

An experienced security cause explaining the benefits of an security merchandise to a customer.

Number of Hedge Fund Holders: 16

Average Upside Potential arsenic of March 31: 88.65%

Root Inc. (NASDAQ:ROOT) offers security products and services successful the US. It provides automobile and renters security products. It operates a DTC exemplary and serves customers done mobile applications and its website. Its nonstop organisation channels besides screen integer media, autarkic agents, and referrals on with organisation partners.